220 Franklin Street | ELMIRA
RARE HISTORIC VALUE – UNBEATABLE INVESTMENT UNDER $11/SQ FT! Don't miss this extraordinary, once-in-a-lifetime opportunity! Priced at an unbelievable $85,000, 220 Franklin St offers an astounding 8,066 square feet of versatile space, presenting an unmatched value proposition for savvy investors, developers, or business owners looking to maximize their ROI. This remarkable building was originally constructed in the late 1800s as St. Mary’s Convent, housing the Sisters of St. Joseph. Offering endless possibilities for the right investor, it could be converted into a multi-family complex, a vibrant community hub, a boutique indoor storage facility, or a multi-tenant commercial center. You can hit the ground running on day one simply by leasing out the individual office spaces and utilizing the massive full basement for high-demand storage rental income. At just $85,000, a structurally sound asset of this scale and character is unheard of in today's market—schedule your tour today! GBAR MLS #337716
Directions to property: Driving Directions: Take exit 56 toward Jerusalem Hill / Elmira. Merge onto E Water St.Turn left onto Pennsylvania Ave. Turn right onto Franklin St; the property will be on your right.
